Fairlay sportsbook review

Fairlay is not recommended due to questionable competence and integrity. See recommended crypto sportsbooks.

Contents

fairlay home
Updated Sep 6, 2023
Overall score 0%
User experience 5/10
Odds 10/10
Range of bets 6/10
Transactions 7/10
Customer service 8/10
Privacy and security 8/10
Established
2014
Located
DEU
Min bet
5 m฿

Fairlay is a crypto betting exchange. The essence of a betting exchange is that you don’t bet against the house, you bet against other users.

Fairlay sets up the market, matches bettors against each other and pays out the winner with the losers’ money. For this they take a 2% commission from the winner which is equivalent to a 1% house edge; much lower than other sportsbooks.

Their site takes a bit of getting used to and has some room for improvement. If you have used other betting exchanges before you will figure it out.

Fairlay does have a dice game but… well, let’s just say you wouldn’t go there for the dice. The other good crypto betting exchanges are 1xbit and BetBTC.

User experience

The site is unrefined and underdeveloped, it needs the attention of a user experience engineer and a designer.

Some features found at the best betting exchanges are missing, for example you can’t change the odds on an unmatched bet, you have to cancel it and make a new one.

homepage

Odds

Sportsbook's overround: 2.62%

50:50 equivalent: 1.95

In markets with less liquidy betting large amounts will cause slippage making the odds worse. Being a betting exchange you do have the option to post your own odds and hope other users match them. This is really cool but requires patience.

Range of bets

Range of sports, leagues and events: Smallish range of sports but they do have more news and entertainment markets for betting on things like elections and awards than anyone else.

Range of bet types per event: Small, normally just moneyline/match winner. On the biggest leagues you might find points spread and total points markets.

Transactions

Unique deposit addresses: Not available.

Confirmations before bet: 1

Withdrawal time: Instant!

Player to player transfer: Not available.

homepage

Customer service

Customer service channels available: Email only.

Speed of replies: Our emails were replied to in around 3 hours.

Accuracy of replies: Very good, staff are knowledgeable and well trained.

Privacy and security

Information required at signup: Email address.

2 factor authentication: Not available.

Are funds verifiable on the blockchain? Fairlay do publish their cold wallet address but we do not see that it proves much.

1EVrCZ3ahUucq3jvAqTTPTZe1tySniXuWi

Fairlay say

“this is just the first step and a real time proof of reserves is planned”

We are glad to see this kind of effort and hope to see more crypto sportsbooks make player funds verifiable on the blockchain.

Geo-targeting

Fairlay does not block any bettors based on country, just like it should be!

Bonuses

At the moment there is no commision charged on sports bets!

homepage

Overall

Getting great odds is the most important thing to becoming a long-term profitable sports better, much more important than web design or a signup bonus. Because of Fairlay’s great odds, they have to be part of the conversation despite their usability shortcomings.

However, if you want an easy, smooth and fun betting experience check the higher-ranked sportsbooks on this site.

Here are some suggestions for the sportsbooks we recommend

We have also listed some of the sportsbooks that unfortunately don’t meet our standards

 

More sportsbook reviews

Leave a comment

Your email address will not be published. Required fields are marked *

EXCLUSIVE BONUSES

Only on BitEdge!

  • Free bets
  • Free spins
  • Deposit matches
Get crypto bonuses

Edge alerts

We have set up alerts when there are opportuntites to gamble crypto with the odds in your favor. We guarantee 100% privacy, your information will not be shared.